The Growth Trap

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Author :
Publisher : Morgan James Publishing
ISBN 13 : 1631959166
Total Pages : 174 pages
Book Rating : 4.6/5 (319 download)

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Book Synopsis The Growth Trap by : Ralph DiBugnara

Download or read book The Growth Trap written by Ralph DiBugnara and published by Morgan James Publishing. This book was released on 2022-07-26 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wall Street Journal and USA Today Bestselling author Ralph DiBugnara provides a guide for anyone seeking to avoid or move beyond setbacks for the sake of future personal and professional growth. “The Growth Trap is a Must-Read for anyone who is looking to achieve growth in their personal and business life and are ready to level up their game. We all experience Growth Traps throughout our careers and this book helps you overcome them.“ – Kevin Harrington, Inventor of the Infomercial and Original Shark on ABCs hit show Shark Tank This book is like a how-to manual on how to avoid the traps in life personal and professional. It also serves as a handbook on growth. Definitely a must read for any up and coming professional or anyone looking for personal growth. – Hovain, President of Cinematic Management, Hip Hop music executive manager Growth is a natural part of life between the ages of birth and adulthood, as human beings typically get bigger, stronger, smarter, and more functional with age. This growth is unintentional and requires little to no effort—but at some point, that growth stops, and an individual’s progress is then limited to whether or not they are actively seeking future development. The Growth Trap addresses a condition that Ralph DiBugnara has dealt with throughout his life—personally, professional, and directly with his brand. After seasons of stagnated growth, he’s learned the necessity of intentionally pursuing progress, rather than expecting goals to be accomplished without effort. Ralph explains how many get caught in a growth trap when they deem progress and change to be too much of a challenge. These individuals like to talk, reminisce, and ultimately identify with their “past selves,” because it’s easier than facing who they are now. And while it’s better to pursue growth and work towards the accomplishment of one’s goal, that doesn’t mean that it’s possible to avoid all growth traps along the way. Ralph DiBugnara’s The Growth Trap is an essential resource for those looking to achieve their goals and avoid pitfalls that will hinder their progress. He shares his personal experiences—as well as the strategies he learned along the way—so that readers can grow their brands and businesses while becoming true disruptors in every aspect of their lives.

Summary of Ralph DiBugnara's The Growth Trap

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Author :
Publisher : Everest Media LLC
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.8/5 (225 download)

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Book Synopsis Summary of Ralph DiBugnara's The Growth Trap by : Everest Media,

Download or read book Summary of Ralph DiBugnara's The Growth Trap written by Everest Media, and published by Everest Media LLC. This book was released on 2022-08-14T23:00:00Z with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Please note: This is a companion version & not the original book. Sample Book Insights: #1 I had to lose my confidence and then regain it in order to believe that there are no limits to what I can accomplish. I had completely lost my confidence on the field and the court. In 2003, my career was booming, and I decided to learn how to box like a professional. #2 I had started boxing again, this time with a friend who was a trainer. I had never heard of an intergym fight, but I had to fight a month later. I was nervous as hell. The guy I fought was a little bigger and stronger than me, and I was definitely outmatched. #3 I won my first boxing match, which gave me a new lease on my athletic ability that I enjoy to this day. I continued boxing for the next four or five years. I fought another fifteen or twenty times. Every time I went to fight someone, I was still uncomfortable, but I gained more confidence. #4 Monica Seles was a famous American tennis player who was once number one in the world. She was attacked by a crazy fan in 1993, and despite the traumatic attack, she worked her way back to regaining self-assuredness.

Escaping the Build Trap

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Author :
Publisher : O'Reilly Media
ISBN 13 : 1491973765
Total Pages : 200 pages
Book Rating : 4.4/5 (919 download)

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Book Synopsis Escaping the Build Trap by : Melissa Perri

Download or read book Escaping the Build Trap written by Melissa Perri and published by O'Reilly Media. This book was released on 2018-11-01 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: To stay competitive in today’s market, organizations need to adopt a culture of customer-centric practices that focus on outcomes rather than outputs. Companies that live and die by outputs often fall into the "build trap," cranking out features to meet their schedule rather than the customer’s needs. In this book, Melissa Perri explains how laying the foundation for great product management can help companies solve real customer problems while achieving business goals. By understanding how to communicate and collaborate within a company structure, you can create a product culture that benefits both the business and the customer. You’ll learn product management principles that can be applied to any organization, big or small. In five parts, this book explores: Why organizations ship features rather than cultivate the value those features represent How to set up a product organization that scales How product strategy connects a company’s vision and economic outcomes back to the product activities How to identify and pursue the right opportunities for producing value through an iterative product framework How to build a culture focused on successful outcomes over outputs

The Content Trap

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Author :
Publisher : Random House Group
ISBN 13 : 0812995384
Total Pages : 464 pages
Book Rating : 4.8/5 (129 download)

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Book Synopsis The Content Trap by : Bharat Anand

Download or read book The Content Trap written by Bharat Anand and published by Random House Group. This book was released on 2016-10-18 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: “My favorite book of the year.”—Doug McMillon, CEO, Wal-Mart Stores Harvard Business School Professor of Strategy Bharat Anand presents an incisive new approach to digital transformation that favors fostering connectivity over focusing exclusively on content. NAMED ONE OF THE BEST BOOKS OF THE YEAR BY BLOOMBERG Companies everywhere face two major challenges today: getting noticed and getting paid. To confront these obstacles, Bharat Anand examines a range of businesses around the world, from The New York Times to The Economist, from Chinese Internet giant Tencent to Scandinavian digital trailblazer Schibsted, and from talent management to the future of education. Drawing on these stories and on the latest research in economics, strategy, and marketing, this refreshingly engaging book reveals important lessons, smashes celebrated myths, and reorients strategy. Success for flourishing companies comes not from making the best content but from recognizing how content enables customers’ connectivity; it comes not from protecting the value of content at all costs but from unearthing related opportunities close by; and it comes not from mimicking competitors’ best practices but from seeing choices as part of a connected whole. Digital change means that everyone today can reach and interact with others directly: We are all in the content business. But that comes with risks that Bharat Anand teaches us how to recognize and navigate. Filled with conversations with key players and in-depth dispatches from the front lines of digital change, The Content Trap is an essential new playbook for navigating the turbulent waters in which we find ourselves. Praise for The Content Trap “A masterful and thought-provoking book that has reshaped my understanding of content in the digital landscape.”—Ariel Emanuel, co-CEO, WME | IMG “The Content Trap is a book filled with stories of businesses, from music companies to magazine publishers, that missed connections and could never escape the narrow views that had brought them past success. But it is also filled with stories of those who made strategic choices to strengthen the links between content and returns in their new master plans. . . . The book is a call to clear thinking and reassessing why things are the way they are.”—The Wall Street Journal

The Growth Trap

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Author :
Publisher : Independently Published
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.3/5 (521 download)

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Book Synopsis The Growth Trap by : Richard Cuevas

Download or read book The Growth Trap written by Richard Cuevas and published by Independently Published. This book was released on 2022-09-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Improvement is a trademark piece of life between the hours of birth and adulthood, as people get more prominent, more grounded, more splendid, and more useful with age. This improvement is incidental and expects close to zero effort - anyway ultimately, that improvement stops, and a particular's progression is then confined to whether they are searching for future new development. Many get found in an improvement trap when they believe progress and change to be beyond the ridiculous test. These individuals like to talk, recollect, and in the end connect with their "past selves," since it's more clear than facing who they are at present. Also, remembering that it's more brilliant to seek after improvement and work towards the accomplishment of one's goal, doesn't infer that it's attainable to avoid all advancement traps on the way. This book is a central resource for those wanting to achieve their targets and avoid traps that will obstruct their progression. Build a satisfying and critical presence with this helper and free yourself from hopelessness, disquiet, and shortcomings.

The Technology Trap

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Author :
Publisher : Princeton University Press
ISBN 13 : 0691210799
Total Pages : 488 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis The Technology Trap by : Carl Benedikt Frey

Download or read book The Technology Trap written by Carl Benedikt Frey and published by Princeton University Press. This book was released on 2020-09-22 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Industrial Revolution to the age of artificial intelligence, Carl Benedikt Frey offers a sweeping account of the history of technological progress and how it has radically shifted the distribution of economic and political power among society's members. As the author shows, the Industrial Revolution created unprecedented wealth and prosperity over the long run, but the immediate consequences of mechanization were devastating for large swaths of the population.These trends broadly mirror those in our current age of automation. But, just as the Industrial Revolution eventually brought about extraordinary benefits for society, artificial intelligence systems have the potential to do the same. Benedikt Frey demonstrates that in the midst of another technological revolution, the lessons of the past can help us to more effectively face the present. --From publisher description.

The Hero Trap

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Author :
Publisher : Routledge
ISBN 13 : 1000034682
Total Pages : 255 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis The Hero Trap by : Thomas Kolster

Download or read book The Hero Trap written by Thomas Kolster and published by Routledge. This book was released on 2020-05-28 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most companies today are firmly on the social and environmental issues ‘bandwagon’, like bees around a honey pot, from plastic in oceans through to diversity. As a result, people are increasingly distrustful of these efforts which they view as cheap marketing stunts meant to wow people into buying more. "Try to fly like a superman, and you will come down like a tin of soup." Market economists have long told us that we’re driven only by money and status, but the inherent human truth that cuts across age, culture and gender uncovers a stronger force: we wish to be in charge of our own lives and our own happiness. Through extensive growth and affinity research, world-renowned purpose-pioneer, Thomas Kolster, uncovers a simple answer that is key to driving marketing growth in the 21st century: if you put people in control of the marketing mix, from products to promotion, they can grow and in turn grow your organisation. This book explains the meteoric rise of a company like AirBnB, how a 20-something Swede, Maria de la Croix, built a global coffee empire like Wheelys in just a few years, and how a group of friends hanging out in a bar in Melbourne created one of the largest global non-profits fighting for men’s health, Movember – and how you can empower people to do the same. Today’s power no longer rests in the hands of the privileged few, but in the talented many. It is time for you to unleash that power, in numbers. Drawing on top-line marketing case studies and in-depth interviews, Kolster demonstrates how people are truly motivated to act when they’re in charge of their own life and happiness. ‘Who can you help me become?’ is the one essential question you need to be asking and acting on to chart a new course for your organisation, changing behaviours at scale and unlocking sustainable growth that benefits all.

The Future for Investors

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Author :
Publisher : Crown Currency
ISBN 13 : 0307236641
Total Pages : 338 pages
Book Rating : 4.3/5 (72 download)

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Book Synopsis The Future for Investors by : Jeremy J. Siegel

Download or read book The Future for Investors written by Jeremy J. Siegel and published by Crown Currency. This book was released on 2005-03-08 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new paradigm for investing and building wealth in the twenty-first century. The Future for Investors reveals new strategies that take advantage of the dramatic changes and opportunities that will appear in world markets. Jeremy Siegel, one of the world’s top investing experts, has taken a long, hard, and in-depth look at the market and the stocks that investors should acquire to build long-term wealth. His surprising finding is that the new technologies, expanding industries, and fast-growing countries that stockholders relentlessly seek in the market often lead to poor returns. In fact, growth itself can be an investment trap, luring investors into overpriced stocks and overly competitive industries. The Future for Investors shatters conventional wisdom and provides a framework for picking stocks that will be long-term winners. While technological innovation spurs economic growth, it has not been kind to investors. Instead, companies that have marketed tried-and-true products for decades in slow-growth or even declining industries have superior returns to firms that develop “the bold and the new.” Industry sectors many regard as dinosaurs—railroads and oil companies, for example—have actually beat the market. Professor Siegel presents these strategies within the context of the coming shift in global economic power and the demographic age wave that will sweep the United States, Europe, and Japan. Contrary to the popular belief that these economic and demographic trends doom investors to poor returns, Professor Siegel explains the True New Economy and how to take advantage of the coming surge in invention, discovery, and economic growth. The faster the world changes, the more important it is for investors to heed the lessons of the past and find the tried-and-true companies that can help you beat the market and prosper in the years ahead.

The Entrepreneur's Trap

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Author :
Publisher : Love Your Life Pub
ISBN 13 : 9781934509623
Total Pages : 184 pages
Book Rating : 4.5/5 (96 download)

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Book Synopsis The Entrepreneur's Trap by : Tina Forsyth

Download or read book The Entrepreneur's Trap written by Tina Forsyth and published by Love Your Life Pub. This book was released on 2012-10-01 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is Your Business Taking Over Your Life? It started with the dream of making great money, doing what you love and having lots of time to enjoy it all. But in reality you are buried in a pile of too much work, too little time, not enough help and no light at the end of the tunnel. This is NOT what you signed up for when you decided to become an entrepreneur. It is time to run your business so it does not run you! In this practical and enlightening book, by online business authority Tina Forsyth, you will discover how to: Build the right type of business for you and your goals Eliminate the headaches and hassles of hiring and managing a team Use the 10 key systems happy and successful entrepreneurs rely on Structure your day so that you can get everything done and still have plenty of time off (including weekends!) "This book lays out a simple path to help you create the business you want with finesse and Tina's trademark 'get it done fast' style." David Neagle, Author of The Millions Within & Master Income Acceleration Coach "Tina knows more about how to run and grow an online business than most business owners." Michael Port, NY Times bestselling author of Book Yourself Solid, MichaelPort.com "There are only a few people in the world who can do what Tina does, making all that 'behind the scenes' stuff simple AND fun." Andrea J. Lee, Founder and CEO, WealthyThoughtLeader.com Tina Forsyth is the leading authority on establishing key systems and building virtual teams. She is the Founder of the International Association of Online Business Managers and creator of the Automate Your Growth Business School, where she teaches entrepreneurs her proven step-by-step process to set a strong foundation for business growth.

How China Escaped the Poverty Trap

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Author :
Publisher : Cornell University Press
ISBN 13 : 1501706403
Total Pages : 345 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis How China Escaped the Poverty Trap by : Yuen Yuen Ang

Download or read book How China Escaped the Poverty Trap written by Yuen Yuen Ang and published by Cornell University Press. This book was released on 2016-09-06 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: WINNER OF THE 2017 PETER KATZENSTEIN BOOK PRIZE "BEST OF BOOKS IN 2017" BY FOREIGN AFFAIRS WINNER OF THE 2018 VIVIAN ZELIZER PRIZE BEST BOOK AWARD IN ECONOMIC SOCIOLOGY "How China Escaped the Poverty Trap truly offers game-changing ideas for the analysis and implementation of socio-economic development and should have a major impact across many social sciences." ― Zelizer Best Book in Economic Sociology Prize Committee Acclaimed as "game changing" and "field shifting," How China Escaped the Poverty Trap advances a new paradigm in the political economy of development and sheds new light on China's rise. How can poor and weak societies escape poverty traps? Political economists have traditionally offered three answers: "stimulate growth first," "build good institutions first," or "some fortunate nations inherited good institutions that led to growth." Yuen Yuen Ang rejects all three schools of thought and their underlying assumptions: linear causation, a mechanistic worldview, and historical determinism. Instead, she launches a new paradigm grounded in complex adaptive systems, which embraces the reality of interdependence and humanity's capacity to innovate. Combining this original lens with more than 400 interviews with Chinese bureaucrats and entrepreneurs, Ang systematically reenacts the complex process that turned China from a communist backwater into a global juggernaut in just 35 years. Contrary to popular misconceptions, she shows that what drove China's great transformation was not centralized authoritarian control, but "directed improvisation"—top-down directions from Beijing paired with bottom-up improvisation among local officials. Her analysis reveals two broad lessons on development. First, transformative change requires an adaptive governing system that empowers ground-level actors to create new solutions for evolving problems. Second, the first step out of the poverty trap is to "use what you have"—harnessing existing resources to kick-start new markets, even if that means defying first-world norms. Bold and meticulously researched, How China Escaped the Poverty Trap opens up a whole new avenue of thinking for scholars, practitioners, and anyone seeking to build adaptive systems.

The Aid Trap

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Author :
Publisher : Columbia University Press
ISBN 13 : 0231519508
Total Pages : 217 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis The Aid Trap by : R. Glenn Hubbard

Download or read book The Aid Trap written by R. Glenn Hubbard and published by Columbia University Press. This book was released on 2009-08-31 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past twenty years more citizens in China and India have raised themselves out of poverty than anywhere else at any time in history. They accomplished this through the local business sector the leading source of prosperity for all rich countries. In most of Africa and other poor regions the business sector is weak, but foreign aid continues to fund government and NGOs. Switching aid to the local business sector in order to cultivate a middle class is the oldest, surest, and only way to eliminate poverty in poor countries. A bold fusion of ethics and smart business, The Aid Trap shows how the same energy, goodwill, and money that we devote to charity can help local business thrive. R. Glenn Hubbard and William Duggan, two leading scholars in business and finance, demonstrate that by diverting a major share of charitable aid into the local business sector of poor countries, citizens can take the lead in the growth of their own economies. Although the aid system supports noble goals, a local well-digging company cannot compete with a foreign charity that digs wells for free. By investing in that local company a sustainable system of development can take root.

Let Go To Grow

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Author :
Publisher : Pearson Education
ISBN 13 : 013279733X
Total Pages : 224 pages
Book Rating : 4.1/5 (327 download)

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Book Synopsis Let Go To Grow by : Linda S. Sanford

Download or read book Let Go To Grow written by Linda S. Sanford and published by Pearson Education. This book was released on 2005-12-12 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Let Go To Grow , IBM senior executive Linda Sanford and long-time entrepreneur Dave Taylor show exactly how to do that. Sanford and Taylor systematically review the On Demand Business processes, people strategies, technology shifts, governance practices, and leadership vision you'll need to maximize profitability in tomorrow's business environment. They introduce powerful new techniques for balancing and measuring three key drivers of top-line growth: productivity, collaboration, and innovation. You'll discover how to gain unprecedented flexibility by constructing your business around components, platforms, and standardized interfaces. The authors demonstrate how to expand your growth space, liberate your cost structures, and build profits–not just revenues. Drawing on the experiences of companies ranging from GE to eBay, Toyota to IBM, this book focuses on practical implementation, offering a proven, start-to-finish approach for moving from vision to results.

The Customer Trap

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Author :
Publisher : Apress
ISBN 13 : 1484203852
Total Pages : 173 pages
Book Rating : 4.4/5 (842 download)

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Book Synopsis The Customer Trap by : Andrew R. Thomas

Download or read book The Customer Trap written by Andrew R. Thomas and published by Apress. This book was released on 2015-04-07 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: American business is dysfunctional. Companies of all sizes follow the mistaken belief that their products and services are best sold through mega-customers with pervasive market reach, such as Amazon and Walmart. Far too many business leaders fail to realize—until it is too late—that the relentless pursuit of volume at all cost is not the key to long-term profits and success. The Customer Trap: How to Avoid the Biggest Mistake in Business is Thomas and Wilkinson’s sequel to The Distribution Trap: Keeping Your Innovations from Becoming Commodities, which won the Berry-American Marketing Association Prize for the best marketing book of 2010. The Distribution Trap contended that cracking the big-box channel is not necessarily the Holy Grail that many marketers assume it is. The Customer Trap takes this thesis to the next level by arguing that all companies, regardless of the industry there are in, should maintain control over their sales and distribution channels. Volume forgone by avoiding the mass market is more than offset by higher margins and stronger brand equity. The Customer Trap shows that giving power to a customer who violates "the ten percent rule" sets a company up for ruin. Yet, when presented with the opportunity to push more sales through large customers, most decision-makers jump at the chance. As a result, marketing has come to resemble a relentless quest for efficiency and scale. Demands from mega-customers in the form of discounts, deals, and incentives erode the integrity of the brand and what it originally stood for. Lower margins become the norm and cost-saving compromises on quality take over. In time, the brand suffers and, in some cases, fails outright. Stark examples from Oreck Vacuum Cleaners, Rubbermaid, Goodyear, Levi’s, and others illustrate the perils of falling into the "customer trap." This book demonstrates in vivid detail how to thrive by controlling your sales and distribution. The authors show how many firms, such as STIHL Inc., etailz, Apple, Red Ant Pants, and Columbia Paints & Coatings, have prospered by avoiding the "customer trap"—and how your company can have similar success.

Stall Points

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Author :
Publisher : Yale University Press
ISBN 13 : 030014542X
Total Pages : 251 pages
Book Rating : 4.3/5 (1 download)

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Book Synopsis Stall Points by : Matthew S. Olson

Download or read book Stall Points written by Matthew S. Olson and published by Yale University Press. This book was released on 2008-01-01 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this probing study of the growth experience of Fortune 100-sized firms across the past fifty years, authors Olson and van Bever find that great companies stop growing not because of market saturation, government regulation, or other external constraints but rather because of a finite set of common strategy mistakes that appear time after time, across industries, across geography, and across the economic cycle."--Jacket.

The Economics of Poverty Traps

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Author :
Publisher : University of Chicago Press
ISBN 13 : 022657430X
Total Pages : 425 pages
Book Rating : 4.2/5 (265 download)

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Book Synopsis The Economics of Poverty Traps by : Christopher B. Barrett

Download or read book The Economics of Poverty Traps written by Christopher B. Barrett and published by University of Chicago Press. This book was released on 2018-12-07 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: What circumstances or behaviors turn poverty into a cycle that perpetuates across generations? The answer to this question carries especially important implications for the design and evaluation of policies and projects intended to reduce poverty. Yet a major challenge analysts and policymakers face in understanding poverty traps is the sheer number of mechanisms—not just financial, but also environmental, physical, and psychological—that may contribute to the persistence of poverty all over the world. The research in this volume explores the hypothesis that poverty is self-reinforcing because the equilibrium behaviors of the poor perpetuate low standards of living. Contributions explore the dynamic, complex processes by which households accumulate assets and increase their productivity and earnings potential, as well as the conditions under which some individuals, groups, and economies struggle to escape poverty. Investigating the full range of phenomena that combine to generate poverty traps—gleaned from behavioral, health, and resource economics as well as the sociology, psychology, and environmental literatures—chapters in this volume also present new evidence that highlights both the insights and the limits of a poverty trap lens. The framework introduced in this volume provides a robust platform for studying well-being dynamics in developing economies.

Accounting for Value

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Author :
Publisher : Columbia University Press
ISBN 13 : 0231521855
Total Pages : 265 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Accounting for Value by : Stephen Penman

Download or read book Accounting for Value written by Stephen Penman and published by Columbia University Press. This book was released on 2010-12-30 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accounting for Value teaches investors and analysts how to handle accounting in evaluating equity investments. The book's novel approach shows that valuation and accounting are much the same: valuation is actually a matter of accounting for value. Laying aside many of the tools of modern finance the cost-of-capital, the CAPM, and discounted cash flow analysis Stephen Penman returns to the common-sense principles that have long guided fundamental investing: price is what you pay but value is what you get; the risk in investing is the risk of paying too much; anchor on what you know rather than speculation; and beware of paying too much for speculative growth. Penman puts these ideas in touch with the quantification supplied by accounting, producing practical tools for the intelligent investor. Accounting for value provides protection from paying too much for a stock and clues the investor in to the likely return from buying growth. Strikingly, the analysis finesses the need to calculate a "cost-of-capital," which often frustrates the application of modern valuation techniques. Accounting for value recasts "value" versus "growth" investing and explains such curiosities as why earnings-to-price and book-to-price ratios predict stock returns. By the end of the book, Penman has the intelligent investor thinking like an intelligent accountant, better equipped to handle the bubbles and crashes of our time. For accounting regulators, Penman also prescribes a formula for intelligent accounting reform, engaging with such controversial issues as fair value accounting.

Value Trap: Theory of Universal Valuation

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Author :
Publisher :
ISBN 13 : 9780998038483
Total Pages : 428 pages
Book Rating : 4.0/5 (384 download)

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Book Synopsis Value Trap: Theory of Universal Valuation by : Brian M. Nelson

Download or read book Value Trap: Theory of Universal Valuation written by Brian M. Nelson and published by . This book was released on 2020-07-20 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: With an added Appendix and 40+ page Prologue, the second edition of the 2019 Best Indie Book Award (BIBA) winner for the category of Business takes readers through the COVID-19 crisis, building on the key tenets of the first edition. Value Trap received acclaim from the prestigious Next Generation Indie Book Awards, a Finalist in the category of Business. The text was also a Blue Ink Notable Book as well as a Readers' Favorite 5 Stars, named Honorable Mention in the Non-Fiction - General genre. More detail and new commentary, the second edition of Value Trap is a must read for any serious investor. Brian Michael Nelson, CFA, delivers again.From the back cover: "Nelson's career ranges from his beginnings as an analyst at Driehaus Capital Management to his career as director of global equity and credit research at Morningstar, to the recent establishment of his own investment publishing research firm, Valuentum Securities. Here, the equity-markets veteran explores his analytical framework for evaluating stocks, cautioning against investors getting lured into "value traps," scenarios where seemingly inexpensive stocks attract bargain hunters but continue to decline. Nelson maintains that shortcomings in prevalent financial analysis and investing include misguided focus on historical data, misinterpretation of common metrics, overreliance on indexing, and myopic pursuit of dividend-paying stocks. Instead, he believes enterprise valuation, which considers cash-based sources of intrinsic value of a company, should prevail. Well-researched and organized, the book offers a compelling wealth of information and serious discussion of market theory. It will likely overwhelm all but the most seasoned investors, and cynics may see it as a device to recruit readers to the author's business. Nonetheless, it stands on its considerable merits as a well-written and cogent articulation of a distinct perspective on equity analysis." - BlueInk Review of the first edition as published in the June 2019 spread of Booklist Magazine